PROJECT : THE OAKS CARMONA ESTATE SUBDIVISION LOCATION : Carmona, Cavite HOUSE MODEL : OAKWOOD – B HOUSE SPECIFICATION: LOT AREA : 88 sq.m. FLOOR AREA: 104 sq.m. 4 Bedrooms, 2 toilet & bath, balcony, living room kitchen ,dining area, laundry/service area, provision for front lawn, provision for CATVm teephone & air-conditioning unit. HOUSE FINISHES: Pre-painted Long span roofing, tiled toilet and bath, ceramic bathroom fixtures, interior & exterior wall paint finish. SELLING PRICE : 1,475,000 Processing Fee : 66,375 Total Selling Price : 1,541,375 Reservation : 20,000 EQUITY = 20% of the selling price plus processing fee = 0.20 ( 1,475,000) + 66,375 = 295,000 + 66,375 = 361,375 less 20,000 (reservation) = 341,375 ( payable in 15 months) monthly equity= 22,758.33/month Note: Monthly amortization will start after the downpayment is fully paid. For example: Date of reservation : January 4, 2008 First monthly equity : February 5, 2008 Last monthly equity : April 5, 2009 First Monthly amortization : May 5, 2009 BALANCE = 80% of the selling price = 0.80 ( 1,475,000) = 1,180,000 9loanable amount thru In-house financing) @ 18% int) 5 years to pay = 29,964.21 10 years to pay= 23,591.86 |
